2302 Lee HwyMount SidneyVA24467
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Mount Sidney at 2302 Lee Hwy, Mount Sidney, VA, 24467 earns $778/mo cash flow from $2,422/mo rent with a $1,346/mo payment. Total monthly income totals $2,422/mo, and annual cash flow totals $9,337/yr on $91,163 capital. ROI tracks 30.15% on current figures, and rental yield reads 10.57% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 157.54% and total cumulative return in cash sums $143,615. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,422/mo property income instead of your personal income.
Single Family
Built in 1920
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24467, Mount Sidney, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 904 (100%) |
| Owner Occupied HU | 715 (79.1%) |
| Renter Occupied HU | 136 (15.0%) |
| Vacant Housing Units | 53 ( 5.9%) |
| Median Home Value | $362,248 |
| Average Home Value | $388,955 |
Housing Distribution
Address Breakdown
Residential
839
Single Family
839
Multi-Family
0
Businesses
28
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Listed by: CHARITY COX • LONG & FOSTER REAL ESTATE INC STAUNTON/WAYNESBORO
Mls Name: CAAR
Mls Provider:
Mls ID: #654828